Description

BF Scalper PRO EA: A Straight-Forward Guide for Day-to-Day Traders

BF Scalper PRO EA – Learn How the PRO Version Steps Ahead of BF Scalper EA

Table of Contents

1. What Is BF Scalper PRO EA?
2. BF Scalper EA vs. BF Scalper PRO EA
3. Core Features at a Glance
4. Installing BF Scalper PRO EA on MetaTrader 4 & 5
5. Understanding the Improved Exit Logic
6. ATR-Based Stop-Loss: Why It Matters
7. Optional Grid System: When to Turn It On
8. Back-Test Insights (99.9 % Tick Data)
9. Risk Management & Position Sizing
10. Choosing a Broker and VPS
11. Pros & Cons
12. Frequently Asked Questions
13. Final Thoughts

1. What Is BF Scalper PRO EA?

BF Scalper PRO EA is an automated trading system (Expert Advisor) for MetaTrader that focuses on short-term scalping during quiet market hours. It builds on the well-known BF Scalper EA and adds several tools aimed at lowering drawdown and smoothing equity curves.

Key idea in simple words: the EA looks for small, frequent price moves, opens a trade, and aims to close it fast—often within minutes—before the market wakes up.

2. BF Scalper EA vs. BF Scalper PRO EA

3. Core Features at a Glance

• Improved Exit LogicDetects fading momentum and closes trades sooner, aiming to keep the drawdown low.
• ATR-Based Stop-LossAdapts SL to current volatility instead of using a single number of pips.
• Optional Grid SystemAdds extra trades at fixed or percentage distances; switched off by default.
• News & Friday Exit FiltersStay out of high-impact events and weekend gaps.
• Built-In Spread ProtectionPrevents new positions if your broker’s spread widens too much.
• ECN & Standard Account ReadyWorks with four-digit and five-digit pricing.

For a deeper dive into these tools, see our complete list of MetaTrader expert advisor features (external).

4. Installing BF Scalper PRO EA on MetaTrader 4 & 5

1. Copy BF_Scalper_PRO.ex4 or BF_Scalper_PRO.ex5 intoFile ➜ Open Data Folder ➜ MQL4/Experts or MQL5/Experts.
2. Restart MetaTrader or right-click Expert Advisors ► Refresh.
3. Drag BF Scalper PRO EA onto the chart (M5 is recommended).
4. Check Allow live trading and Allow DLL imports.
5. Load a preset or use default values and click OK.

Still unsure? Read our step-by-step EA installation tutorial.

5. Understanding the Improved Exit Logic

The PRO version tracks:

• Time in trade
• Micro changes in spread
• Small shifts in Average True Range (ATR)
• Opposite signals in short-term indicators

When two or more conditions align, the EA closes the order—even if the initial TP has not been touched. Result: smaller losses and fewer “turned winners.”

6. ATR-Based Stop-Loss: Why It Matters

A fixed stop-loss can be too tight on busy days and too wide on slow days. By tying SL to the Average True Range, BF Scalper PRO EA:

1. Measures the last N periods’ volatility.
2. Multiplies that reading by your chosen ATR Multiplier.
3. Sets the stop-loss at that distance.

Example:• ATR(14) on M5 = 4 pips• Multiplier = 4• Stop-Loss = 16 pips

If the market calms down, your SL narrows; if it heats up, the SL widens sensibly. This approach aims to keep the risk-to-reward fairly stable.

For more on ATR, see Investopedia’s article on the Average True Range.

7. Optional Grid System: When to Turn It On

The grid option opens extra positions at pre-set intervals if price moves against the first trade. Why use it?

• It can lower the average entry price.• It may recover a losing leg if the price retraces.

When to switch it on:✔ Stable pairs such as EURUSD or GBPUSD✔ Periods with clear support/resistance levels

When to keep it off:✘ High news days (NFP, CPI, FOMC)✘ Low-liquidity pairs with wild spikes

How to activate:

Use_Grid             = true
Grid_Step_Points     = 120
Max_Grid_Trades      = 4
Grid_Multiplier_Lot  = 1.3

A full parameter table is available in the PDF manual bundled with the download.

8. Back-Test Insights (99.9 % Tick Data)

The vendor supplies long-term MetaTrader back-tests using real tick data from 2003–2023:

Takeaways:

• Profit Factor (PF) improved by 12–18 % over the classic version.
• Max drawdown stayed under 12 %.
• Performance was stable across major brokers.

Download the full reports here: Back-Test Package (ZIP).

9. Risk Management & Position Sizing

Even a solid EA can blow an account if lot sizes are too big. Follow these common-sense tips:

1. Risk a fixed fraction of equity (e.g., 1 % per initial trade).
2. Lower risk if you enable the grid system.
3. Keep leverage below 1:200 for smoother swings.
4. Withdraw profits periodically to protect gains.

Our guide on Forex risk control offers worksheets and examples.

10. Choosing a Broker and VPS

BF Scalper PRO EA relies on tight spreads and fast order execution.

Broker checklist:

• Raw or ECN account with spread ≤ 1 pip on EURUSD during the Asian session.
• No restrictions on scalping or grid strategies.
• Server location near your VPS for sub-10 ms latency.

VPS checklist:

• RAM ≥ 1 GB for MT4/MT5.
• 99.9 % uptime guarantee.
• Operating system set to GMT+2/GMT+3 (if you want sessions in line with broker time).

We compiled a list of VPS services for Forex to get you started.

11. Pros & Cons

Pros

• Adaptive stop-loss keeps risk aligned with volatility.
• Optional grid provides flexibility.
• Built-in news and Friday filters.
• Vendor offers detailed 99.9 % tick data tests.

Cons

• Still sensitive to wide spreads or slippage.
• Grid, if mishandled, can add to drawdown.
• Needs a low-latency environment for best results.

12. Frequently Asked Questions

Q 1. Which pairs work best?A. Major pairs with low spreads: EURUSD, GBPUSD, USDCHF, and AUDUSD.

Q 2. Can I run BF Scalper PRO EA together with other EAs?A. Yes, if Magic Numbers are different and account margin can handle it.

Q 3. Does the EA require 24/5 running time?A. Yes. Use a VPS if you cannot keep your PC on continuously.

Q 4. How often is the EA updated?A. The developer releases patches several times a year; check the About tab for version notes.

13. Final Thoughts

BF Scalper PRO EA offers practical upgrades over the classic version—most notably the ATR-based stop-loss and refined exit rules that seek to lower drawdown while keeping trade frequency high. Traders who already like the original BF Scalper EA may find the PRO edition a logical next step, especially if they need more control over risk or want to experiment with a light grid approach.

Give the settings above a try on a demo account first, share your results in the comments, and let other readers know how BF Scalper PRO EA performs for you.

Vendor Site – Click Here